Kim purchased a one-year property insurance policy. She agreed to pay

Kim purchased a one-year property insurance policy. She agreed to pay half the premium when she bought the coverage, and the other half six months later.

If Kim fails to pay the second premium, the insurer cannot sue her for the premium because insurance contracts are
A) unilateral contracts.
B) contracts of adhesion.
C) personal contracts.
D) aleatory contracts.

 

 

ANSWER

Answer: A

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